XML 53 R40.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Segment Information and Geographic Areas (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2016
Segment Reporting [Abstract] |
Summary of Identifiable Assets | The following table presents a summary of identifiable assets as of June 30, 2016 and 2015:
|  | As of June 30, |  |  | As of June 30, |
|  | 2016 |  |  | 2015 |
Identifiable assets: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 3,646,160 |  |  | $ | 4,896,334 |
North America |  |  | 6,845,444 |  |  |  | 7,162,846 |
Europe |  |  | 7,857,427 |  |  |  | 6,631,945 |
Asia - Pacific |  |  | 75,000,384 |  |  |  | 70,271,209 |
Consolidated |  | $ | 93,349,415 |  |  | $ | 88,962,334 |
Summary of Operating Information | The following table presents a summary of operating information for the years ended June 30:
|  | 2016 |  |  | 2015 |
Revenues from unaffiliated customers: |  |  |  |  |  |  |  |
North America |  | $ | 5,464,740 |  |  | $ | 5,535,183 |
Europe |  |  | 6,232,200 |  |  |  | 5,707,127 |
Asia - Pacific |  |  | 40,254,321 |  |  |  | 32,110,574 |
|  |  | 51,951,261 |  |  |  | 43,352,884 |
Revenue from affiliated customers |  |  |  |  |  |  |  |
Europe |  |  | 4,437,917 |  |  |  | 1,652,077 |
Asia - Pacific |  |  | 8,161,015 |  |  |  | 6,043,617 |
|  |  | 12,598,932 |  |  |  | 7,695,694 |
Consolidated |  | $ | 64,550,193 |  |  | $ | 51,048,578 |
Intercompany revenue |  |  |  |  |  |  |  |
Europe |  | $ | 558,645 |  |  | $ | 302,812 |
Asia - Pacific |  |  | 4,807,276 |  |  |  | 4,620,426 |
Eliminated |  | $ | 5,365,921 |  |  | $ | 4,923,238 |
Net income (loss) after taxes and before non-controlling interest: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | (3,252,340 | ) |  | $ | (3,665,755 | )
North America |  |  | 635,203 |  |  |  | 221,433 |
Europe |  |  | 1,576,176 |  |  |  | (1,262,222 | )
Asia - Pacific |  |  | 6,098,102 |  |  |  | (542,628 | )
Consolidated |  | $ | 5,057,141 |  |  | $ | (5,249,172 | )
Depreciation and amortization: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | - |  |  | $ | 16,148 |
North America |  |  | 35,268 |  |  |  | 165,240 |
Europe |  |  | 172,755 |  |  |  | 665,826 |
Asia - Pacific |  |  | 6,944,116 |  |  |  | 9,496,600 |
Consolidated |  | $ | 7,152,139 |  |  | $ | 10,343,814 |
Interest expense: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 6,236 |  |  | $ | 13,783 |
North America |  |  | 117 |  |  |  | 1,588 |
Europe |  |  | 40,302 |  |  |  | 52,926 |
Asia - Pacific |  |  | 217,856 |  |  |  | 98,665 |
Consolidated |  | $ | 264,511 |  |  | $ | 166,962 |
Income tax expense: |  |  |  |  |  |  |  |
Europe |  | $ | 46,691 |  |  | $ | 1,244 |
Asia - Pacific |  |  | 605,855 |  |  |  | 412,254 |
Consolidated |  | $ | 652,546 |  |  | $ | 413,498 |
Summary of Capital Expenditures | The following table presents a summary of capital expenditures for the years ended June 30:
|  | 2016 |  |  | 2015 |
Capital expenditures: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | - |  |  | $ | 3,439 |
North America |  |  | 66,764 |  |  |  | 47,497 |
Europe |  |  | 417,861 |  |  |  | 140,870 |
Asia - Pacific |  |  | 2,851,296 |  |  |  | 3,366,906 |
Consolidated |  | $ | 3,335,921 |  |  | $ | 3,558,712 |
Summary of Geographic Information | Disclosed in the table below is geographic information for each country that comprised greater than five percent of total revenues for the years ended June 30 2016 and 2015.
|  | June 30, 2016 |  |  | June 30, 2015 |
|  | Revenue |  |  | Long-lived Assets |  |  | Revenue |  |  | Long-lived Assets |
China |  | $ | 17,276,250 |  |  | $ | 19,851 |  |  | $ | 15,119,518 |  |  | $ | 27,453 |
Thailand |  |  | 6,428,041 |  |  |  | 309,498 |  |  |  | 4,842,577 |  |  |  | 123,097 |
USA |  |  | 5,843,204 |  |  |  | 5,360,684 |  |  |  | 7,190,905 |  |  |  | 4,715,670 |
UK |  |  | 16,894,973 |  |  |  | 4,036,925 |  |  |  | 10,641,565 |  |  |  | 4,075,864 |
Pakistan & India |  |  | 1,842,046 |  |  |  | 43,047,590 |  |  |  | 1,868,090 |  |  |  | 48,457,329 |
Australia & New Zealand |  |  | 4,308,784 |  |  |  | 30,259 |  |  |  | 2,672,265 |  |  |  | 37,303 |
Mexico |  |  | 1,542,530 |  |  |  | - |  |  |  | 1,202,832 |  |  |  | - |
Indonesia |  |  | 6,201,642 |  |  |  | - |  |  |  | 5,212,919 |  |  |  | - |
Other Countries |  |  | 4,212,723 |  |  |  | 2,782 |  |  |  | 2,297,907 |  |  |  | 14,953 |
Total |  | $ | 64,550,193 |  |  | $ | 52,807,589 |  |  | $ | 51,048,578 |  |  | $ | 57,451,669 |
Summary of Reconciliation of Revenue | Disclosed in the table below is the reconciliation of revenue by each entity and country disclosed above for the years ended June 30 2016 and 2015.
|  | Revenues 2016 |
|  | Total |  |  | China |  |  | Thailand |  |  | USA |  |  | UK |  |  | Pakistan & India |  |  | Australia & New Zealand |  |  | Mexico |  |  | Indonesia |  |  | Other Countries |
North America: |  | $ | 5,464,740 |  |  | $ | - |  |  | $ | - |  |  | $ | 3,922,210 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,542,530 |  |  | $ | - |  |  | $ | - |
Europe: |  |  | 10,670,117 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 10,446,098 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 224,019 |
Asia-Pacific: |  |  | 48,415,336 |  |  |  | 17,276,250 |  |  |  | 6,428,041 |  |  |  | 1,920,994 |  |  |  | 6,448,875 |  |  |  | 1,842,046 |  |  |  | 4,308,784 |  |  |  | - |  |  |  | 6,201,642 |  |  |  | 3,988,704 |
Total |  | $ | 64,550,193 |  |  | $ | 17,276,250 |  |  | $ | 6,428,041 |  |  | $ | 5,843,204 |  |  | $ | 16,894,973 |  |  | $ | 1,842,046 |  |  | $ | 4,308,784 |  |  | $ | 1,542,530 |  |  | $ | 6,201,642 |  |  | $ | 4,212,723 |
|  | Revenues 2015 |
|  | Total |  |  | China |  |  | Thailand |  |  | USA |  |  | UK |  |  | Pakistan & India |  |  | Australia & New Zealand |  |  | Mexico |  |  | Indonesia |  |  | Other Countries |
North America: |  | $ | 5,535,183 |  |  | $ | - |  |  | $ | - |  |  | $ | 4,332,351 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 1,202,832 |  |  | $ | - |  |  | $ | - |
Europe: |  |  | 7,375,527 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,094,304 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 281,223 |
Asia-Pacific: |  |  | 38,137,868 |  |  |  | 15,119,518 |  |  |  | 4,842,577 |  |  |  | 2,858,554 |  |  |  | 3,547,261 |  |  |  | 1,868,090 |  |  |  | 2,672,265 |  |  |  | - |  |  |  | 5,212,919 |  |  |  | 2,016,684 |
Total |  | $ | 51,048,578 |  |  | $ | 15,119,518 |  |  | $ | 4,842,577 |  |  | $ | 7,190,905 |  |  | $ | 10,641,565 |  |  | $ | 1,868,090 |  |  | $ | 2,672,265 |  |  | $ | 1,202,832 |  |  | $ | 5,212,919 |  |  | $ | 2,297,907 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration